Novo Nordisk Annual Report 2021 slide image

Novo Nordisk Annual Report 2021

Contents Introducing Novo Nordisk Strategic Aspirations Key risks Management Consolidated statements Additional information. Novo Nordisk Annual Report 2021 25 O+ Towards holistic, integrated healthcare Our Research and Development (R&D) strategy has led us to a point in time where we now have more clinical programmes with more participants than at any time in our 99-year history. To make this possible, we have re-organised R&D operations, creating a Research & Early Development unit to fuel and validate our early pipeline, and a patient solutions-focused Development organisation to take our most promising candidates forward. Throughout this work, we are focused on the power of digitalisation and connected healthcare. We are evolving from a molecule-focused pharmaceutical company to a patient solutions-oriented enterprise where drug, device, digital, diagnostics and data are fully integrated to deliver leading treatment solutions to patients. This '5D' approach will bring improvements right along the value chain, from more convenient and better products and devices for patients - who can check and track their health status in real time via apps and other systems - to faster, more efficient product development. Our electronic Patient Interaction Device, for example, allows the collection of real-time clinical trial data. This technology is already being used by more than 4,000 patients in 36 countries and forms a central plank of our 'moonshot' aspiration of being able to submit new products for market authorisation in four key markets within four days of the last patient visiting a pivotal trial site. This is a journey that will take time to complete, but it is already creating an innovative pipeline of differentiated projects that has the potential to secure long-term sustainable growth of our offering to patients beyond 2030. In the meantime, our R&D is continuing to deliver significant advances. Major milestones in the past year include the US approval of Wegovy® - a pivotal new treatment of obesity and the initiation of phase 3 clinical trials investigating oral semaglutide for both obesity and Alzheimer's disease. Entering a new century of diabetes innovation In the 101 years since the discovery of insulin, there have been many advances in the treatment of diabetes, yet the number of people living with the condition continues to climb. As a result, there remains an urgent need for better, more patient-focused therapies to continue to reduce the burden of diabetes. Our potential future treatment and device innovations may offer this step change in care. They include the once-weekly basal insulin icodec, which entered final-stage phase 3 development in November 2020, which has the potential to offer patients greater convenience than the current option of once-daily basal insulins. We have also progressed our work on glucose-sensitive insulin, which is designed to activate when glucose levels rise, thereby potentially providing better disease control and a lower risk of hypoglycaemia. Beyond insulin, we have continued the rollout of RybelsusⓇ, our once-daily oral GLP-1 therapy, while once-weekly semaglutide 2.0 mg for type 2 diabetes received a positive opinion recommending marketing authorisation in the EU in November 2021, and has been re-submitted for US regulatory approval following the receipt of a Refusal to File letter from the US Food & Drug Administration in March 2021. We have also launched two phase 2 trials investigating fixed-dose combination therapies for type 2 diabetes - one focusing on semaglutide in combination with cagrilintide (which is also being explored Moustapha Djamil Cissé is living with type 1 diabetes and is enrolled in our Changing Diabetes in Children programme, Senegal for patients living with obesity), and the other looking at combination of semaglutide and GIP (gastric inhibitory polypeptide). Leading the treatment of obesity We are making major strides in tackling obesity, both with the successful launch of our pioneering injectable GLP-1 product WegovyⓇ in the US and the advancement in our pipeline of next-generation therapies that we hope will deliver even greater weight loss efficacy.
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